Good News! India to Achieve Single-Digit Poverty Rate by 2024-25

The National Institution for Transforming India (NITI Aayog) has released the latest report on ‘Multidimensional Poverty in India 2022-2023’ which shows a steep decline in the poverty ratio in the span of nine years.

Under the leadership of Prime Minister Narendra Modi, the poverty headcount ratio has reduced from 29.17 percent in 2013-14 to 11.28 percent in 2022-23, which means 24.82 crore individuals are estimated to have escaped multidimensional poverty in the last nine years.

As per the latest report, Uttar Pradesh topped the list with 5.94 crore people escaping poverty. Followed by the state of Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore.Informing that the multidimensional poverty report is based on the improvement in health, education and standard of living. 

The report also clarifies that the reduction in poverty might differ due to various reasons, and since a part of NFHS-5 data were collected before the pandemic, the estimates present in the paper may not fully reflect the impact of Covid on the economy and implications of subsequent government interventions.

 

 

Swastika Sruti

Recent Posts

Saif Ali Khan Attacked: Actor Hospitalised After Knife Assault at Home

Actor Saif Ali Khan, stabbed by an intruder at home, is undergoing treatment in Mumbai.…

28 minutes ago

What Does The 3-Phase Agreement Of The Gaza Deal Include?

The landmark 3-phase Gaza deal brings hope for peace, featuring a ceasefire, hostage exchanges, and…

42 minutes ago

This Part Of The Dead Person’s Body Aghoris Like To Eat The Most, Why Do They Eat It?

Aghori sadhus follow mysterious and shocking rituals, including consuming remains from cremation grounds. Their unique…

1 hour ago

This City In India Is Home To The First Women-Only Nightclub, ‘No Men Allowed’ | WATCH

Bengaluru introduces "Miss and Mrs," India’s first women-only club, providing a safe, vibrant space with…

1 hour ago

Elon Musk, Lionel Messi Takes A Holy Dip At Mahakumbh? AI Brings The World To The Sangam | WATCH

An AI-created video featuring Elon Musk, Lionel Messi, and global icons taking a dip at…

2 hours ago

What Is ‘Tap, Hold And Load In 4K’?, X Users Are Going Wild For It

The "Tap, Hold, and Load in 4K" trend has taken over X, allowing users to…

2 hours ago